---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-118675"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:20:00.307100+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital founder David Gladstone steps down as CEO; Robert Marcotte named successor

## Summary
- David Gladstone stepped down as CEO effective March 20, 2026; remains Chairman and on investment committee.
- Robert Marcotte, President since 2013, appointed CEO immediately; also retains President role during transition.
- Michael McQuigg promoted to President effective October 1, 2026; Andrew Ahlberg appointed EVP effective immediately.
- John Sateri appointed CIO (effective March 20, 2026) and also CIO of four affiliated Gladstone entities.
- Gladstone founded the company in 2001; under his leadership, GLAD completed 715 investments totaling ~$3.3 billion.

## SEC filing metadata
- accession: 0001193125-26-118675
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312526118675/0001193125-26-118675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312526118675/d70226d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-118675
- JSON: https://secwatch.observer/filing/0001193125-26-118675.json
- Plain text: https://secwatch.observer/filing/0001193125-26-118675.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.